The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
MBleu357
In all fairness Noel correctly predicted the fall based on his technical analysis. You may not believe in TA but many do and it works for them and clearly worked here. Please show the man some respect. For the record I've often seen chart patterns that I recognise with a high probability of a particular move but I don't keep a record that I could show, nor would I want to. None of us like the fact that QFI is going no-where but don't shoot the messenger especially when he gets it right.
ColinH100
I think your needle is stuck - again!
Elir 7
Much as I understand your frustrations about NDAs they are a fact of corporate life. Be careful what you wish for here. If you tie the hands of the BoD by banning them from entering into any then you would likely ensure the demise of company. The clients will simply not do business with a potential supplier who will not sign one.
Maggulus
If they extend Younes's warrants I for one would chase them to reinstate our warrents that expired in September.
Haggis
Haggis
The exception does not make the rule. It was you who said "as it's appeared outside of the 7am swamp of RNS's".
Oh and I can tell it has had no impact on the SP. Just look at the SP chart.
As for this morning's "Great news" - words fail me! You're clearly a very excitable man. Take a chill pill.
Haggis
Let's just come down from the clouds and recognise
A. It's not an RNS but a paid for reseach by Edison
It didn't come out at 7am because it is not an RNS! It is research by Edison that will likely have been paid for by QFI and says nothing new. It had/will have zero impact on the SP.
You lot ,and by that I mean the last five contributors, clearly have too much time on your hands arguing over something so trivial. You need to get out more!
dtwin26
Good note - thanks ..... but you say "Major f*ck up with the production of fuel for Morocco". I don't understand. Did I miss something here? Can someone enlighten please.
Thanks for the input guys. I now better understand, so can we say that £60M (losses) X 19% corporation tax means that there are £11.4M worth of accumulated tax losses and with a current market cap. of approx. £19M the net cost would be £7.6M? I realise of course that in practice an acquirer would have to pay well in excess of current market cap.
46G
Thanks, and how would these losses be treated if it was an oil major?
$60 Million!
Do any of you accountant types know how the cumulative $60 losses would be treated in the accounts of an acquiring company? eg if Shell bought over QFI is all the $60 available for the acquiring company to offset against their profits? Is there any restriction in applying these losses if the acquiring company is in a totally different industry? And just for the sake of clarity I do not believe the recent statements by Jason and the Chairman that their reference to MA was about QFI being the acquirer. I've always believed that once we have commercial revenues and the markets across the globe open up to synthetic fuels that we will be bought out - most likely by one of the oil majors with the most likely being Shell. Views anyone?
Fyoz
Stop it! Now you've got me dreaming of fast cars, exotic holidays and things a fellow of my advanced years should not be dreaming of!
Stoater
I listened in, nothing factual new. Confirmation of some small slippages. A general positive but realistic tone. Personally I'm becoming more confident that provided they don't run out of cash due to yet more slippages that it will all come good as there seems to be genuine emphasis on environmental sustainability from the major players.
BP
Could you run that again - in English this time, please?
I agree this is a very positive signal from MSC and does give me some comfort.... but its a commitment to carry out the tests and LONO. A commercial contract is still some way off. As others have said we do need a commercial contract now to bring in some cash and restore credibility to long suffering shareholders.
Crownos
Thanks for your 11:13 post this is certainly in "the better informed by reasoned argument of other holders". Much appreciated.
I agree with your final paragraph about other sectors e.g. power (and industrial) since the greater volume of MSAR compared to HFO for an equivalent energy output is not much of an issue on land whereas it may be on board ships, although I've never seen this aspect discussed much in the past.
lowlife
You should believe me since you can check my previous posts about QFI stretching back several years! I will indeed make my own decision, but I'm trying to get better informed by reasoned argument of other holders, some with better knowledge and understanding than I.
lowlife
No agenda in the sense you mean! Surely I can put forward an alternative view. As a long term holder at an average price of just under 10p I do have an agenda in seeing this prosper and succeed, I'm just exasperated that even with this recent good news the SP is going no-where. Look play the ball and not the man here. The SP facts are as I documented below - we are at two year lows and that was achieved on higher volumes. All I'm trying to understand is why, and for the present I'm not convinced by the arguments put forward by others about just a continued drift down due to lack of commercial contracts.
Vince 72
Oh yes long before that - since 2013. The all time low was on 16/3/20, but since the climb to 7p a year later it has been down hill since to a new 2 year low of 1.261p. Recent lows have been accompanied by higher volume - never a good sign. Look I fervently hope you and the others on here are right, for me I have a lot invested here, but the overall market is voting with it's feet and it would be silly not to be concerned especially since our recent good news has had no effect whatsoever on share price.